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21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [XBS] Bitstake | For everyday digital currency tasks on: April 25, 2015, 11:01:03 AM
Hey bitshill, thanks for your answer.

But can you explain exactly why you think that number 1 wallet is from bittrex.
How can you tell? Maybe you can explain it to me. So I can exclude it. This is my only criticism of XBS. It would be nice if you can show me that it is true.

I know satoshi owns 21% or Bitcoin. But after Bitcoins succes so many dumpers come, you just have to keep in mind.

Anyway thanks for your quick reply. I hope you can show me that you're right.
22  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [XBS] Bitstake | For everyday digital currency tasks on: April 25, 2015, 10:22:40 AM
That people are blind, I can’t blame them. There are 610 different altcoins. 90% are scams and amateurs.  Each board calls it that the coin will rise (to the moon). And each coin is based on the best scenario that can happen. This has been so from that Bitcoin is a success. Many people have made a profit, and many people have lost. People are now more skeptical.

I agree that Bitstake is an entirely new kind of project. And indeed, that if one would have to take a risk that I would take the risk to put 1BTC on Bitstake.

I base this on the fact that Bitstake developers until now have kept their words. They have made which was announced. The technology behind bitstake and bitstake.info is too complicated, a scammer would never show much commitment. So we can see that Bitstake is no Scam.

This stage we are so over.

Bitstake will launch very soon in Negeria. What exactly happened is still a bit unclear. Reportedly there are 1,000 applications (accounts) of negerian people  on bitstake (however, I can’t confirm this, I can’t find anywhere this back where this information comes from, maybe Bitstake can confirm this).

During the launch in Negeria can therefore minimal 1,000 negerian people take bitstake services mandate actually use. Of these 1000 (and more) to use it is natural speculate. But if this happens I am with them agree that the value of bitstake can go up.

If I understood Bitstake delivers a very good service. 1% fee instead of 12% fee (which is the current fee in Negeria to send money). I can imagine that this is very interesting for negeri an people. This saves them a lot of money when they send money (which happened in Negeria very large scale).

So there is a prospect (future).

For these reasons, it is interesting for me to invest in Bitstake. Most coins are trying to improve Bitcoin (with new techniques) but this is by now a bit outdated. Bitstake seems totally innovative and is not dependent on trade places like Bittrex and Cryptsy. The XBS value will be determined by the negerian people going to buy XBS so they can send cheap money  (looks a bit like Western Union).

An important point for me to invest in bits take is that a kind of similar service called Bitpesa has lots of money collected from investors to roll out their service. Large investors therefore anticipate money in equal kind projects.

So Bistake also has great opportunities.

In short, Bitstake deviates all current altcoins already exist. Based on everything that has been developed by Bistake sofar it is fair to say that the value of Bitstake sure about the $ 1 will come. This also saw the top 50 coins on coinmarketcap and what they offer (some coins are really high but mean nothing compared what Bitstake does and will supply). In the most favorable scenario (imagine that at least 1,000 Nigerians actually use XBS) this may increase the value explosive, but this is pure speculation.
Things are not always as you think (so it can be).

Everyone is looking for the coin like Bitcoin will rise explosively. Of all the coins on Coinmarketcap I find that Bitstake has the best chance.
I'm not saying it will happen but there is a real opportunity, more than the current altcoins that exist.
I'm not saying anyone should buy XBS, but make it clear that what Drmike say is not unrealistic. Investment 1 BTC in XBS is certainly seen what's possible and what's left is a risk worth (it remains naturally speculate).

My criticisms:
I read some threads that someone have 25% of the XBS coins possession. A little look up in the explorer I see the 1st position 324,607.0 XBS B6VuQ6RkqdBUeKtnXQGWshFXmoLtjH8au6.

This can be a disadvantage. I can imagine that some investors are wary if someone has so many coins (due to a large dump).
However, this does not say anything. When I look at Dash (DRK) has the top 10 rich list too many coins even though the price is now $ 3.23.
This might be a long term investor, Bitstake himself (in which case it is very less), A trading place like Bittrex or Cryptsy or in the worst case a dumper. This should keep you so in the mind.

I also find it unfortunate that too many positive scenarios are scooped on the forum. I agree that Bitstake have a greatest potential for success. Maybe more than any other altcoin. But a little reality and facts can’t hurt.

Only ever mention the forum that XBS holders millionaire may be working a little opposite. Up to now, that were inconclusive and it may arouse suspicion. Facts are the most important.

Bitstake has proven that it is not a Scam coin. It can have a very good future and with all the best scenario very good results. But experience shows not everything always goes as you think. And certainly not in Negeria (haha).

My final criticism is that there are very good people on his forum. I therefore find it regrettable that not each question to be asking for help or other questions to be answered. If you are looking for new investors a good community is important to forward and help everyone with answering questions.

Bitstake is new. It works differently than the other altcoins. So I can imagine that many people do not understand. Many people just want a chance. Also, people who maybe "mathematical" less good. It is these people are the most sorely needed. Give these people also a chance on good information and proper help to offer. Instead of calling people stupid.

Ignore Fud posts. Bitstake can remove it. If you think something is Fud, ignore and ask Bitstake to remove  the post.
And otherwise just answered the question and offer assistance. And do not look down on people like you are smarter.
Crypto remains speculation. For everyone.

Bistake itself, what I've read of your project so far is very special. Good approach, accurate and clear.
Keep up.

Sorry for my bad english, I'm from Europe.
23  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [XBS] Bitstake | For everyday digital currency tasks on: April 24, 2015, 12:54:44 PM
Maybe I'm wrong, but is it not the intention that the computer wallet soon disappear?

As I understand (sorry if I'm wrong), it is intended that all will soon take place on the bitstake platform. Bitstake earns a fee on (that's their sales). I think the negeria people have nothing on a PC wallet but need the online wallet (that is bitstake earnings). It seems to me that the PC wallet is (be) intended to start XBS and meant for people here on Bitcontalk (and elsewhere). (again, sorry if I'm wrong)
24  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [XBS] Bitstake | For everyday digital currency tasks on: April 24, 2015, 11:33:50 AM
What an interesting coin.

I'm new here and have read the forum.

Only a few things are still unclear, maybe someone can help me give some answers.

I read bitstake is a business and the XBS coin is a part of this. How do I see this exactly?
(this is a bit unclear to me).

The new website is ready and bitstake will be launched at a particular moment in Negeria.
How should I imagine this? Kind of promotion campaign?

It is intended that the company Bitstake is looking for a investor (start-up investor)?

it is a kind of trading place for various crypto coins (such Cryptsy, bittrex ect)?

Hopefully someone can give me some clarity.
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